Introduction
RECOVERY & NPA MANAGEMENT POLICY
1. NPA Recovery & Revival Steps which can be adopted by the Banks
Bank has to identify as to how each loan or advance has become NPA and it has to be tackled as a strategy for its recovery and revival
The Bank should assess and grant the additional working capital requirement so that the borrower can restart its stuck business.
By compromise, negotiated deal by reducing interest or by waiving penalty so for levied in the account of borrower.
By converting a portion of Advance of funded term loan levy lower rate to enable the unit to generate income and then to recover.
Bank can allow operations in the account when the unit is in bad shape, but retain a small portion to enable it to service the interest and thus unit will not be classified as NPA.
1. NPA Recovery & Revival Steps which can be adopted by the Banks
Bank has to identify as to how each loan or advance has become NPA and it has to be tackled as a strategy for its recovery and revival
The Bank should assess and grant the additional working capital requirement so that the borrower can restart its stuck business.
By compromise, negotiated deal by reducing interest or by waiving penalty so for levied in the account of borrower.
By converting a portion of Advance of funded term loan levy lower rate to enable the unit to generate income and then to recover.
Bank can allow operations in the account when the unit is in bad shape, but retain a small portion to enable it to service the interest and thus unit will not be classified as NPA.
Contact Info
Address:
EMCA House, 205, Ballard Estate, Fort, Mumbai-400001, Maharashtra.
Mumbai
Maharashtra 400001
India
Mumbai
Maharashtra 400001
India
Tel:
09892855900
Website:
https://www.npaconsultant.in/npa-recovery-process.html
Hours of operation
| From | To | From | To | From | To | ||
|---|---|---|---|---|---|---|---|
| Monday | Open | ||||||
| Tuesday | Open | ||||||
| Wednesday | Open | ||||||
| Thursday | Open | ||||||
| Friday | Open | ||||||
| Saturday | Open | ||||||
| Sunday | Open | ||||||
